Beer Money (BEER) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has added 22.79% to $0.001247633132.
InvestorsObservergives Beer Money a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
BEER’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Beer Money price is trading above resistance. With support around $0.00100334320757825 and resistance at $0.00102721533347209. This positions Beer Money out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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